Foremost Lithium Resource & Technology Ltd.

Foremost Lithium Resource & Technology Ltd.verified

FRRSF

Price:

$6.05

Market Cap:

$32.54M

Foremost Lithium Resource & Technology Ltd., an exploration firm established in Vancouver, Canada, in 2005, focuses on identifying and developing mineral deposits throughout Canada and the United States. The company, which operated under the name Far Resources Ltd. until its official rebranding on January 4, 2022, primarily seeks out lithium, silver, and gold resources. Its significant assets include the Zoro Lithium project, entirely owned by Foremost Lithium, which encompasses three adjacent claims spanning approximately 3,603 hectares in Snow Lake, Manitoba. The company also holds full ownership of the Winston property in Sierra County, New Mexico, a site comprising 149 unpatented lode cl...[Read more]

Industry

Chemicals

IPO Date

2016-12-09

Stock Exchange

OTC

Ticker

FRRSF

The Current Ratio as of June 2026 (TTM) for Foremost Lithium Resource & Technology Ltd. (FRRSF) is 3.23

According to Foremost Lithium Resource & Technology Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.23. This represents a change of 16.29% compared to the average of 2.77 of the last 4 quarters.

Foremost Lithium Resource & Technology Ltd. (FRRSF) Historical Current Ratio (quarterly & annually)

How has FRRSF Current Ratio performed in the past?

The mean historical Current Ratio of Foremost Lithium Resource & Technology Ltd. over the last ten years is 0.89. The current 3.23 Current Ratio has changed 36.14% with respect to the historical average. Over the past ten years (40 quarters), FRRSF's Current Ratio was at its highest in in the March 2018 quarter at 3.78. The Current Ratio was at its lowest in in the March 2016 quarter at 0.04.

Quarterly (TTM)
Annual

Average

0.89

Median

0.47

Minimum

0.04

Maximum

3.78

Foremost Lithium Resource & Technology Ltd. (FRRSF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Foremost Lithium Resource & Technology Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.27%

Maximum Annual Current Ratio = 3.78

Minimum Annual Increase = -90.15%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.73218.54%
20240.5499.07%
20230.27-30.69%
20220.39-38.44%
20210.64345.29%
20200.14-61.41%
20190.37-90.15%
20183.78283.96%
20170.982.27%
20160.04-10.33%

Foremost Lithium Resource & Technology Ltd. (FRRSF) Average Current Ratio

How has FRRSF Current Ratio performed in the past?

The current Current Ratio of Foremost Lithium Resource & Technology Ltd. (FRRSF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.85

5-year avg

0.72

10-year avg

0.89

Foremost Lithium Resource & Technology Ltd. (FRRSF) Current Ratio vs. Peers

How is FRRSF’s Current Ratio compared to its peers?

Foremost Lithium Resource & Technology Ltd.’s Current Ratio is less than Vinythai Public Company Limited (0), greater than LINTEC Corporation (2.97), less than Osisko Mining Inc. (44.39), greater than China Oriental Group Company Limited (1.25), less than Turk Altin Isletmeleri A.S. Unsponsored ADR (3.27), greater than China Shanshui Cement Group Limited (0.79), greater than Vesuvius plc (2.35), less than Azure Minerals Limited (7.02), greater than Adbri Limited (2.30), less than China BlueChemical Ltd. (4.62),

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